Friday Night Market Review



The recent trading sessions have shown a slow downward oscillation overall. In the morning, the price briefly surged to around 91,600, then faced resistance near 90,800 and pulled back. After midday, it attempted to rise again to 91,200 but ultimately fell back below 89,700. From a daily chart perspective, trading volume continues to shrink, and the candlesticks are showing bearish (downward) patterns. Support levels around 89,000 should be watched closely. The four-hour chart indicates insufficient momentum, with long upper and lower shadows on the candlesticks. The recent resistance is at 91,600, with a further resistance near 93,200. On the hourly chart, after volume decreased, the price touched the lower band and rebounded, forming two consecutive bullish (upward) candles. In the short term, attention can be given to the 91,000 level.

Overall, the trend remains a slow downward oscillation, and maintaining a short position at higher levels in the evening should be a reasonable approach.

Friday Night Specific Trading Tips:
$BTC fluctuated within the 90,800-91,300 range, targeting the 89,500-89,000 zone.
$SOL traded within the 3,110-3,135 range, with targets around 3,045-3,020.
BTC0,5%
SOL1,53%
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CryptoSourGrapevip
· 01-09 20:52
Here we go again? If I hadn't been greedy this morning and sold at the top at 91600, it would have been better. Now watching the decline is just as painful as watching others make money.
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NftDeepBreathervip
· 01-09 16:56
Here we go again with that routine? The volume shrinks and keeps dropping, this terrible market is so frustrating.
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WenMoon42vip
· 01-09 11:08
It's the same old trick of shrinking volume again. The bears still need to keep pressing this wave. Whether 89,000 can hold is the key, right?
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NeverPresentvip
· 01-09 11:07
It dropped again... The trading volume has indeed shrunk to an incredible extent, feeling like it's giving the bears a free pass.
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TeaTimeTradervip
· 01-09 10:56
It's the same old trick again—shrinking volume and still trying to short at high levels. Can it really break 89,000 this time? It feels a bit shaky.
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LiquiditySurfervip
· 01-09 10:51
Volume decreased and broke below 89,700. This wave of liquidity exhaustion feels a bit like drinking a cocktail to the bottom... The surfing entry point still doesn't seem to be in place.
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DaoGovernanceOfficervip
· 01-09 10:50
ngl the volume collapse here is honestly telling the real story... all these price levels mean nothing without liquidity backing them up. data shows us this pattern repeats right before major moves but nobody talks about the actual order book metrics 🤓
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